EnergyPathways PLC (AIM:EPP) told investors it has started techno-commercial studies with Hazer Group for the production of high-grade synthetic graphite at its planned MESH facility in Barrow-in-Furness.
The facility will produce battery-grade graphite as a by-product of low-carbon hydrogen production using Hazer’s methane pyrolysis technology.
"EnergyPathways, with its flagship MESH project, continues to be a leading innovator in the UK's energy transition and in offering affordable low-carbon energy solutions," said CEO Ben Clube.
"This positions MESH as a potential major producer and supplier of high-quality and battery-grade graphite that can meet the UK's growing demand for this critical mineral in energy transition."
Glenn Corrie, Hazer chief executive, described it as a landmark opportunity to develop one of the UK's largest integrated clean energy hubs.
Under a July 2025 agreement, EnergyPathways holds exclusive rights to use Hazer’s technology in the UK.
The MESH project is expected to deliver 90 MW of hydrogen capacity and up to 60,000 tonnes of synthetic graphite per year. The UK Government has classified the development as nationally significant under the Planning Act 2008.
In London, EnergyPathways shares were up 5.6% changing hands at 6.6p.